Trinity Bank Reports 2025 2nd Quarter Net Income up 10.2% to $ 2,374,000 - Return on Assets 1.79%

Rhea-AI Summary

Trinity Bank (OTC PINK:TYBT) reported record Q2 2025 earnings with net income of $2.374 million, up 10.2% from Q2 2024. The bank achieved earnings per diluted share of $2.09, a 9.4% increase year-over-year.

For the first half of 2025, net income reached $4.583 million, rising 9.6% compared to H1 2024, with diluted EPS of $4.03, up 8.7%. Key performance metrics include a strong return on assets of 1.79% and net interest margin of 4.21%. Total assets grew to $530.6 million, with total deposits increasing 10.7% to $470.6 million.

Positive

• Record quarterly earnings since bank's 2003 founding
• Net income increased 10.2% to $2.374 million in Q2 2025
• Strong return on assets of 1.79%
• Net interest margin improved to 4.21%
• Total deposits grew 10.7% to $470.6 million
• Nonperforming assets remain low at 0.13% of loans

Negative

• Operating expenses increased 23.1% year-over-year
• Salaries and benefits expense rose 31.2%
• Investment securities declined 2.3% year-over-year

FORT WORTH, TX / ACCESS Newswire / July 31, 2025 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the three months ending June 30, 2025, and YTD results for the six months ending June 30, 2025.

Results of Operations

Trinity Bank, N.A. reported Net Income after Taxes of $2,374,000 or $2.09 per diluted common share for the first quarter of 2025, compared to $2,1543,000 or $1.91 per diluted common share for the second quarter of 2024, an increase of 9.4%.

For the first six months of 2025, Net Income after Taxes amounted to $4,583,000, an increase of 9.6% over the first half of 2024 results of $4,181,000. Earnings per diluted common share for the first half of 2025 were $4.03, an increase of 8.7% over the first half of 2024 results of $3.70 per diluted common share.

Steve Lombardi, Chief Lending Officer, stated, "The second quarter represents record earnings for Trinity Bank and our single best quarter of performance since the Bank was founded in 2003. We are very pleased with the results, which demonstrate the continued success of a business model based on exceptional customer relationships and the strength of the entire Trinity Bank team.

As we move into the second half of the year, we will continue executing on a growth focused strategy, without sacrificing the high credit standards that have made Trinity Bank what it is. Despite some macro-economic uncertainty, primarily related to international trade, the business environment in North Texas remains stable and our customer base remains largely unaffected.

While our outlook for loan growth and credit quality remains positive for the rest of 2025, we are also well positioned to weather any unforeseen storms given our strong liquidity and capital positions."

Page 2 - Trinity Bank Second Quarter 2025

Page 3 - Trinity Bank Second Quarter 2025

Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: www.trinitybk.com Regulatory reporting format is also available at www.fdic.gov.

###

For information contact:

Richard Burt
Executive Vice President
Trinity Bank
817-763-9966

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB‑1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward‑looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward‑looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		Quarter Ended												Six Months Ending
		June 30								%				June 30								%
EARNINGS SUMMARY		2025				2024				Change				2025				2024				Change
Interest income		$	7,455			$	7,107				4.9	%		$	14,430			$	14,041				2.8	%
Interest expense			2,295				2,713				-15.4	%			4,444				5,544				-19.8	%
Net Interest Income			5,160				4,394				17.4	%			9,986				8,497				17.5	%
Service charges on deposits			76				64				18.8	%			146				120				21.6	%
Other income			131				121				8.3	%			238				238				0.0	%
Total Non Interest Income			207				185				11.9	%			384				358				7.3	%
Salaries and benefits expense			1,731				1,319				31.2	%			3,239				2,541				27.5	%
Occupancy and equipment expense			140				122				14.8	%			263				244				7.8	%
Other expense			712				657				8.4	%			1,526				1,277				19.5	%
Total Non Interest Expense			2,583				2,098				23.1	%			5,028				4,062				23.8	%
Pretax pre-provision income			2,784				2,481				12.2	%			5,342				4,793				11.5	%
Gain on sale of Securities			0				(4	)			N/M				6				(4	)			N/M
Gain on sale of Assets			0				36				N/M				0				53				N/M
Provision for Loan Losses			0				0				N/M				0				0				N/M
Earnings before income taxes			2,784				2,514				10.7	%			5,348				4,841				10.5	%
Provision for income taxes			410				360				13.9	%			765				660				15.9	%
Net Earnings		$	2,374			$	2,154				10.2	%		$	4,583			$	4,181				9.6	%
Basic earnings per share			2.18				2.00				2.5	%			4.21				3.87				8.7	%
Basic weighted average shares			1087				1,079								1088				1,079
outstanding
Diluted earnings per share - estimate			2.09				1.91				9.4	%			4.03				3.70				8.9	%
Diluted weighted average shares outstanding			1,137				1,129								1,138				1,129

		Average for Quarter												Average for Six Months
		June 30								%				June 30								%
BALANCE SHEET SUMMARY		2025				2024				Change				2025				2024				Change
Total loans		$	317,410			$	306,551				3.5	%		$	309,931			$	304,424				1.8	%
Total short term investments			66,510				25,626				159.5	%			60,265				31,637				90.5	%
FRB Stock			459				435				5.5	%			454				434				4.6	%
Total investment securities			133,949				137,088				-2.3	%			135,125				139,855				-3.4	%
Earning assets			518,327				469,700				10.4	%			505,775				476,350				6.2	%
Total assets			530,621				477,700				11.1	%			517,069				483,981				6.8	%
Noninterest bearing deposits			137,911				131,609				4.8	%			135,966				129,688				4.8	%
Interest bearing deposits			332,645				293,548				13.3	%			321,429				301,289				6.7	%
Total deposits			470,556				425,157				10.7	%			457,395				430,977				6.1	%
Fed Funds Purchased and Repurchase Agreements			0				0				N/M				0				0				N/M
Shareholders' equity		$	62,680			$	54,951				14.1	%		$	61,767			$	54,437				13.5	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		Average for Quarter Ending
		June 30,				March 31,				Dec 31,				Sep 30,				June 30,
BALANCE SHEET SUMMARY		2025				2025				2024				2024				2024
Total loans		$	317,410			$	302,369			$	297,595			$	300,487			$	306,551
Total short term investments			66,510				53,950				84,667				38,112				25,626
FRB Stock			459				449				438				437				435
Total investment securities			133,949				136,314				139,200				137,751				137,088
Earning assets			518,327				493,082				521,900				476,787				469,700
Total assets			530,621				503,366				529,766				485,034				477,700
Noninterest bearing deposits			137,911				133,982				140,237				131,659				131,609
Interest bearing deposits			332,645				310,105				331,293				297,480				293,548
Total deposits			470,556				444,087				471,529				429,139				425,157
Fed Funds Purchased and Repurchase Agreements			0				0				0				0				0
Shareholders' equity		$	62,680			$	60,843			$	58,388			$	56,857			$	54,951

		Quarter Ended
		June 30,				March 31,				Dec 31,				Sep 30,				June 30,
HISTORICAL EARNINGS SUMMARY		2025				2025				2024				2024				2024
Interest income		$	7,455			$	6,975			$	7,426			$	7,112			$	7,107
Interest expense			2,295				2,149				2,681				2,749				2,713
Net Interest Income			5,160				4,826				4,745				4,363				4,394
Service charges on deposits			76				71				70				65				64
Other income			131				106				112				109				121
Total Non Interest Income			207				177				182				174				185
Salaries and benefits expense			1,731				1,508				1,343				1,368				1,319
Occupancy and equipment expense			140				123				117				133				122
Other expense			712				814				575				601				657
Total Non Interest Expense			2,583				2,445				2,035				2,102				2,098
Pretax pre-provision income			2,784				2,558				2,892				2,435				2,481
Gain on sale of securities			0				6				1				4				(4	)
Gain on sale of Other Assets			0				0				0				0				36
Provision for Loan Losses			0				0				350				0				0
Earnings before income taxes			2,784				2,564				2,543				2,439				2,514
Provision for income taxes			410				355				365				340				360
Net Earnings		$	2,374			$	2,209			$	2,178			$	2,099			$	2,154
Diluted earnings per share		$	2.09			$	1.94			$	1.92			$	1.86			$	1.91

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		Ending Balance
		June 30,				March 31,				Dec. 31,				Sept. 30,				June 30,
HISTORICAL BALANCE SHEET		2025				2025				2024				2024				2024
Total loans		$	325,809			$	304,944			$	305,864			$	296,906			$	304,810
FRB Stock			461				456				439				438				435
Total short term investments			55,130				90,040				69,746				59,576				10,003
Total investment securities			132,989				124,619				138,306				137,510				136,331
Total earning assets			514,389				520,059				514,355				494,430				451,579
Allowance for loan losses			(5,589	)			(5,586	)			(5,583	)			(5,230	)			(5,227	)
Premises and equipment			4,079				4,044				4,123				2,393				2,397
Other Assets			14,296				10,297				9,339				9,739				14,276
Total assets			527,175				528,814				522,234				501,332				463,025
Noninterest bearing deposits			133,902				140,500				146,834				137,594				128,318
Interest bearing deposits			331,050				329,329				318,206				305,010				280,945
Total deposits			464,952				469,829				465,040				442,604				409,263
Fed Funds Purchased and Repurchase Agreements			0				0				0				0				0
Other Liabilities			3,072				2,661				2,711				2,901				2,804
Total liabilities			468,024				472,490				467,751				445,505				412,067
Shareholders' Equity Actual			63,664				62,276				59,758				57,976				55,915
Unrealized Gain/Loss - AFS			(4,513	)			(5,952	)			(5,275	)			(2,149	)			(4,957	)
Total Equity		$	59,151			$	56,324			$	54,483			$	55,827			$	50,958

		Quarter Ending
		June 30,				March 31,				Dec. 31,				Sept. 30,				June 30,
NONPERFORMING ASSETS		2025				2025				2024				2024				2024
Nonaccrual loans		$	424			$	949			$	1,047			$	0			$	0
Restructured loans			0				0				0				505				552
Other real estate & foreclosed assets			0				0				0				0				0
Accruing loans past due 90 days or more			0				0				0				0				0
Total nonperforming assets		$	424			$	949			$	1,047			$	505			$	552
Accruing loans past due 30-89 days		$	0			$	1,000			$	0			$	39			$	1,274
Total nonperforming assets as a percentage
of loans and foreclosed assets			0.13	%			0.31	%			0.34	%			0.17	%			0.18	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		Quarter Ending
ALLOWANCE FOR		June 30,				March 31,				Dec. 31,				Sept. 30,				June 30,
LOAN LOSSES		2025				2025				2024				2024				2024
Balance at beginning of period		$	5,586			$	5,583			$	5,230			$	5,227			$	5,224
Loans charged off			0				0				0				0				0
Loan recoveries			3				3				3				3				3
Net (charge-offs) recoveries			3				3				3				3				3
Provision for loan losses			0				0				350				0				0
Balance at end of period		$	5,589			$	5,586			$	5,583			$	5,230			$	5,227
Allowance for loan losses
as a percentage of total loans			1.72	%			1.83	%			1.83	%			1.76	%			1.71	%
Allowance for loan losses
as a percentage of nonperforming assets			1318	%			589	%			533	%			1036	%			947	%
Net charge-offs (recoveries) as a
percentage of average loans			0.00	%			0.00	%			0.00	%			0.00	%			0.00	%
Provision for loan losses
as a percentage of average loans			0.00	%			0.00	%			0.11	%			0.00	%			0.00	%

		Quarter Ending
		June 30,				March 31,				Dec. 31,				Sept. 30,				June 30,
SELECTED RATIOS		2025				2025				2024				2024				2024
Return on average assets (annualized)			1.79	%			1.76	%			1.64	%			1.73	%			1.80	%
Return on average equity (annualized)			16.69	%			15.67	%			15.85	%			15.91	%			17.42	%
Return on average equity (excluding unrealized gain on investments)			15.15	%			14.52	%			14.92	%			14.77	%			15.68	%
Average shareholders' equity to average assets			11.81	%			12.09	%			11.02	%			11.72	%			11.50	%
Yield on earning assets (tax equivalent)			5.98	%			5.72	%			5.92	%			6.20	%			6.28	%
Effective Cost of Funds			1.77	%			1.75	%			2.06	%			2.31	%			2.31	%
Net interest margin (tax equivalent)			4.21	%			3.97	%			3.86	%			3.89	%			3.97	%
Efficiency ratio (tax equivalent)			45.6	%			46.2	%			39.0	%			43.7	%			43.2	%
End of period book value per common share		$	54.42			$	51.82			$	50.21			$	51.79			$	47.23
End of period book value (excluding unrealized gain/loss on investments)		$	58.57			$	57.29			$	55.08			$	53.78			$	51.82
End of period common shares outstanding (in 000's)			1,087				1,087				1,085				1,078				1,079

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		Three Months Ending
		June 30, 2025																June 30, 2024
														Tax																Tax
		Average												Equivalent				Average												Equivalent
YIELD ANALYSIS		Balance				Interest				Yield				Yield				Balance				Interest				Yield				Yield
Interest Earning Assets:
Short term investment		$	66,510			$	740				4.45	%			4.45	%		$	25,626			$	356				5.56	%			5.56	%
FRB Stock			459				7				6.00	%			6.00	%			435				6				6.00	%			6.00	%
Taxable securities			4,944				52				4.21	%			4.21	%			495				6				4.85	%			4.85	%
Tax Free securities			129,005				1,111				3.44	%			4.36	%			136,593				1,234				3.61	%			4.41	%
Loans			317,409				5,545				6.99	%			6.99	%			306,551				5,504				7.18	%			7.18	%
Total Interest Earning Assets			518,327				7,455				5.75	%			5.98	%			469,700				7,106				6.05	%			6.28	%
Noninterest Earning Assets:
Cash and due from banks			6,199																5,791
Other assets			11,683																7,436
Allowance for loan losses			(5,588	)															(5,227	)
Total Noninterest Earning Assets			12,294																8,000
Total Assets		$	530,621															$	477,700
Interest Bearing Liabilities:
Transaction and Money Market accounts		$	216,131			$	1,165				2.16	%			2.16	%			190,542			$	1,522				3.20	%			3.20	%
Certificates and other time deposits			116,430				1,130				3.88	%			3.88	%			103,006				1,191				4.62	%			4.62	%
Other borrowings			0				0				0.00	%			0.00	%			0				0				0.00	%			0.00	%
Total Interest Bearing Liabilities			332,561				2,295				2.76	%			2.76	%			293,548				2,713				3.70	%			3.70	%
Noninterest Bearing Liabilities:
Demand deposits			137,995																131,609
Other liabilities			3,154																3,069
Shareholders' Equity			56,911																49,474
Total Liabilities and Shareholders Equity		$	530,621															$	477,700
Net Interest Income and Spread		$	185,766			$	5,160				2.99	%			3.22	%			176,152			$	4,393				2.35	%			2.59	%
Net Interest Margin											3.98	%			4.21	%											3.74	%			3.97	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
		June 30								June 30
		2025				%				2024				%
LOAN PORTFOLIO
Commercial and industrial		$	164,845				50.60	%		$	164,397				53.93	%
Real estate:
Commercial			109,089				33.48	%			96,074				31.52	%
Residential			13,100				4.02	%			16,263				5.34	%
Construction and development			38,427				11.79	%			27,722				9.09	%
Consumer			348				0.11	%			354				0.12	%
Total loans		$	325,809				100.00	%			304,810				100.00	%

		June 30				June 30
		2025				2024
REGULATORY CAPITAL DATA
Tier 1 Capital		$	63,663			$	55,914
Total Capital (Tier 1 + Tier 2)		$	66,622			$	60,247
Total Risk-Adjusted Assets		$	346,179			$	345,039
Tier 1 Risk-Based Capital Ratio			17.99	%			16.21	%
Total Risk-Based Capital Ratio			19.25	%			17.46	%
Tier 1 Leverage Ratio			12.37	%			11.70	%
OTHER DATA
Full Time Equivalent
Employees (FTE's)			31				29
Stock Price Range
(For the Three Months Ended):
High		$	87.50			$	94.00
Low		$	86.50			$	86.75
Close		$	87.00			$	89.75

SOURCE: Trinity Bank, NA (Fort Worth, Texas)

View the original press release on ACCESS Newswire

FAQ

What was Trinity Bank's (TYBT) net income for Q2 2025?

Trinity Bank reported net income of $2.374 million for Q2 2025, representing a 10.2% increase from Q2 2024.

How much did Trinity Bank's (TYBT) earnings per share grow in Q2 2025?

Trinity Bank's diluted earnings per share grew to $2.09 in Q2 2025, a 9.4% increase from $1.91 in Q2 2024.

What was Trinity Bank's (TYBT) return on assets in Q2 2025?

Trinity Bank achieved a return on assets of 1.79% in Q2 2025, demonstrating strong profitability.

How did Trinity Bank's (TYBT) deposit base change in Q2 2025?

Trinity Bank's total deposits increased 10.7% to $470.6 million, with noninterest bearing deposits at $137.9 million and interest bearing deposits at $332.6 million.

What is Trinity Bank's (TYBT) asset quality status in Q2 2025?

Trinity Bank maintained strong asset quality with nonperforming assets at just 0.13% of loans and foreclosed assets, and an allowance for loan losses of 1.72% of total loans.